Origination

As mortgage brokers gain market share, tensions over channel conflict resurface, pushing some lenders to rethink how they balance wholesale, retail, and correspondent lines.

This transaction for 230 rental units follows a March $10 million affordable housing investment in Nevada Housing Division Mortgage Revenue Bonds.

Rising insurance costs and stricter rules threaten condo affordability, but balanced reforms can preserve access, according to a member of the Community Home Lenders of America.

Transaction-related details drove much of the increased threat, but risks eased over the previous two quarters, according to a new Cotality report.

Richmond, Virginia-based Atlantic Union Bankshares has sold $2 billion in performing commercial real estate loans to Blackstone Real Estate Debt Strategies. 

Despite the average windfall for homeowners, some feel like they missed a prime selling window, and buyers must still overcome steep unaffordability.

Treasuries fell Friday but remained on course for a third straight weekly gain, with benchmark yields near the lowest levels since early May.

The Senate Banking Committee is now proposing to cut the cap by which the Consumer Financial Protection Bureau can request funds from the Federal Reserve to 6.5% of the Federal Reserve's operating budget after its opening bid of 0% was rejected by the Senate parliamentarian.

The 30-year fixed rate mortgage is below 6.8% for the first time since May as the 10-year Treasury moved lower with the headlines of the past week.

The department's move is the latest HUD decision aligning with the Trump administration's deregulatory strategy that targets many ESG programs.